Past clients of ours have experienced a Home Owners Association or HOA attempting to foreclose on their homes due to past due debt. We have also heard of HOAs placing liens on homes due to past due debt. A bankruptcy can eliminate past HOA debt. We have helped several clients with this issue in the past. A bankruptcy can include any past due HOA debt, but will not eliminate or close the account if you are still the owner of the home. So, just as an example, if you have $1,000 past due debt to your Home Owners Association, a bankruptcy can eliminate the $1,000 of past due debt, but the account will still continue to charge you your monthly association dues. In closer detail, let’s say you filed your bankruptcy petition with us in January 2012. Any past due debt to your HOA prior to January 2012 will be eliminated from your debt through the bankruptcy protection in a Chapter 7 filing, but the HOA will still be charging you at your normal dues rate for the month of January and continue to charge your normal dues while you own the property.
If you are interested in more information on how to deal with past due debt from a Home Owners Association or any other types of debt, feel free to contact us for a free phone or in-person consultation by calling 855-257-7671. We have helped clients all over Orange County including these cities:
BUENA PARK,LA PALMA,CYPRESS,LA HABRA,STANTON,LOS ALAMITOS,SEAL BEACH,IRVINE,FOOTHILL RANCH,CAPISTRANO BEACH,DANA POINT,CORONA DEL MAR,COSTA MESA,MONARCH BEACH,EL TORO,LAKE FOREST,LAGUNA WOODS,HUNTINGTON BEACH,LAGUNA BEACH,LAGUNA HILLS,MIDWAY CITY,ALISO VIEJO,NEWPORT BEACH,NEWPORT COAST,SAN CLEMENTE,SAN JUAN CAPISTRANO,SILVERADO,LAGUNA NIGUEL,COTO DE CAZA,DOVE CANYON,PORTOLA HILLS,TRABUCO CANYON,WESTMINSTER,RANCHO SANTA MARGARITA,MISSION VIEJO,LADERA RANCH,SANTA ANA,FOUNTAIN VALLEY,TUSTIN,ANAHEIM,GARDEN GROVE,BREA,FULLERTON,VILLA PARK,ORANGE,PLACENTIA,YORBA LINDA
We also have offices in Riverside and La Mirada for Inland Empire and Los Angeles clients. We look forward to hearing from you.